Our Sample Timeshare Advertising Agreement
TS Sales Team (TST) specializes in bringing timeshare buyers, sellers and renters together through our world wide vacation property marketing program.
Please review your advertisement to insure it is correct. Contact us immediately with corrections. Although we encourage buyers and renters to investigate the unit's layout, the nature of the week (red, white, high season, et cetera), whether it is poolside, beachfront, ocean view, or whatever, they do not always do so. If the unit does not match the description in the advertisement, a disappointed buyer or renter may look to you to for relief.
We are a for sale or rent by owner advertiser. We do not charge commissions nor do we require appraisals.
Once you have an offer, you can accept, decline, or make a counter offer. If you do not want to handle the negotiation yourself we can refer you to a real estate broker who can negotiate on your behalf.
When you have agreed on a sale price, our A+ and 5 Star rated affiliate closing company will take over to close your sale. Typically closing occurs within six to eight weeks after a performance deposit in received from the buyer and a legible (scanable) copy of the seller's recorded deed is received. If you are renting, once we have executed copies of the rental agreement, we confirm the rental reservation with the resort. There are no closing costs on a rental transaction unless the resort charges an administrative fee. An administrative fee of $49.95 is paid to TST by the owner.
When the renter's or buyer's funds are in escrow and properly executed transfer documents or rental confirmation is received, the proceeds are distributed and the transfer documents or rental agreement are forwarded to the appropriate officials for recording or other registration.
TST will advertise your vacation property until sold or rented, or for up to twelve months, whichever occurs first. You may renew at no charge for another twelve months by giving us written notice thirty days before the first twelve months end. TST will refund one half of the advertising fee if your property is a platinum advertisement or a rental advertisement and is sold or rented in any other way within 50% of the original sale price or within 25% of the original rental price upon proof of a bona fide sale or rental occurring during the original advertising period. Otherwise, the advertising fee is non-refundable after the first ten days of advertising. There is no guarantee the property will sell or rent at any price or in any certain amount of time.
Some closings may incur additional costs because of high (over $50.00) recording fees, complex tax forms (e.g. Hawaii or New York), resort transfer fees, courier fees and other unusual expenses. Some jurisdictions including Canada, the Bahamas and Puerto Rico require that local practitioners conduct closings or at least prepare the documents. In those cases we contact licensed local professionals and assist them in the process. We do not absorb their fees.
Any disputes between TST and owner(s) shall be resolved by proceedings occurring in Pinellas County, Florida.
Our skilled, trained professional staff will work diligently to help you accomplish your goals. Please don’t hesitate to contact your advertising executive or our customer service department with your questions.
Very truly yours,
TS Sales Team